Microsoft To Pay $60M To Settle Burst.Com Trade-Secrets Suit
The companies said in a joint statement that they had reached “an agreement in principle” to resolve all claims against Microsoft. Under the settlement, Microsoft also will receive a non-exclusive license to Burst's patent portfolio.
“While we were confident of prevailing in this lawsuit, we have been open from the beginning to finding a reasonable way to resolve this case,” Tom Burt, Microsoft's deputy general counsel,...
Already a subscriber? Click here to login